What is meant by wage type characteristics? Explain it by
taking the example of Basic Pay.

Answer Posted / deepak

Wage type characteristcs specifies whether the wage type

- Validity period

- Operation Indicator

- Minimum or Maximum Wage type amount

- Whether it should be included in Basic pay total or not

- Default unit of time Measurement, minimum and maximum number

- Input combination for number and amount

- Indirect valuation and its characteristics

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